(10 points] Uncle Fred recently passed away and left $325,000 to his 50-year-old favorite niece. She immediately spent $100,000 on a town home but decided to invest the balance for her retirement at age 65. rate What rate of return must she earn on her investment over the next 15 years to permit her to withdraw $75,000 at the end of each year of her retirement through age 80 if her funds earn 10 percent annually during her retirement? FOLLOW GUIDE QUESTION NOS. 1 & 2 IN SOLVING THE PROBLEM. ALSO PLEASE WRITE DOWN YOUR GIVENS OR TIMELINE (not only the answers) 1) Solve first for the present value of the withdrawals during retirement period when she is 65. 2) Given an FV, PV and 15 yrs which is the investment period, what rate of return must she earn on her investment to permit her to withdraw $75,000 at the end of each year of her retirement through age 80 if her funds earn 10% annually during her retirement? [10 points) To complete your last year in business school and then go through law school, you will need $10,000 per year for four years, starting next year (that is, you will need to withdraw the first $10,000 one year from today). Your rich uncle offers to put you through school, and he will deposit a sum of money in a bank paying 7 percent interest. The sum is sufficient to provide the four payments of $10,000 each, and his deposit will be made today. PLEASE WRITE DOWN YOUR GIVENS (not only the answers) a. How large must the deposit be? b. How much will be in the account immediately after you make the first withdrawal